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Board Announcements (Altcoins)
Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA
by
pdsrdm
on 25/08/2014, 22:33:30 UTC
Instead of mindless cheer leading why don't we ask some real questions about this new information.

Go ahead...
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Board Announcements (Altcoins)
Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA
by
pdsrdm
on 25/08/2014, 09:23:23 UTC
Yes I have sold at a great loss. Once I was a bagholder too..  But trust me, I won't be buying this shit again m8
Now I will devote my time to protect you bagholders.

But you know nothing. You said earlier, that there is no proof that the Devs have left, and it`s still right. You don`t know what Alty will announce today.

Maybe you are right and all that still in will end as bagholders. But you could also be very wrong and the current price is very cheap and in just one week it could be 3x higher. You say, that you are no FUDder, but this picture ("We told em... PoSA is shit) is simplest FUD and it is wrong. Because you never said PoSA is shit. Or maybe I`m wrong and you said earlier that PoSA is shit? You simply changed your mind 3 days ago, you sold... and now you are just scared. Take your decision like a man and just wait what Alty has to say today.  

Exactly. All the people that are still posting here after selling all their coins are afraid that they made the wrong decision by selling and are trying to take the coin down with them. They know they are not man enough to handle a rise in price after they got out and so they turn on their former community and become one of the many trolls that caused them to lose money in the first place. For me these people are the scum of the earth, both in crypto and in real life. Truly pethatic and I sincerely hope that Alty will send them crying with his update today.
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Board Announcements (Altcoins)
Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA
by
pdsrdm
on 12/08/2014, 08:03:49 UTC
You idiots believe anything without looking.

Mintpal is the main exchange right now. Price is tanking for no reason. Just some panic sellers.

Mintpal goes under 100k at 1940 then 2 hours later at 2125 someone sells a bunch and price drops to 94k. At 2155 it drops to 84k.

Bittrex drops under 100k down to 97k at 2150. At 2200 it drops to 91k. 2210 it drops to 88k

As you can see it takes many minutes later for Bittrex to catch up to Mintpal because no one wants to dump.

Are people really believing that people are in the trollbox on Bittrex and then dumping on Mintpal because of what they are reading? CLOAK holders on bittrex are strong because it took awhile before anyone started dumping into the buy walls. I'm sure people were only dumping because Mintpal was so low.

But anyways. Go to lazycoin. No clue why people would trade on an exchange with the word "lazy" in it.

Misguided accusations. Just a bunch of butthurt cloakheads.

The problem is not the the FUD in the trollbox, it's members of staff spreading FUD in the trollbox. I refuse to support an exchange who's staffmembers are actively trying to hurt my assets. Even more so when the exchange owner doesn't publicly distance himself from it and doesn't take action against the staff in question.

Fuck bittrex. An advice I will actively keep spreading along with this story as long as no rectification is made.
Staff members? Where's the plural from? Something like "overexaggeration illustrates"?
Also, it seems that the mod has been removed. This plus the apology... how does this tell you that Bittrex supports this behavior? There's a gap in your logic. Please read the last few posts before posting. And then you may apologize for posting uninformed BS.

Apologize for posting uninformed BS? Hahaha you're joking right? How ironic!

Anyway, an apology that's lost in an ocean of FUD is not what I consider rectification. Removing the staffmember in question is only the first step.
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Board Announcements (Altcoins)
Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA
by
pdsrdm
on 12/08/2014, 07:39:57 UTC
You idiots believe anything without looking.

Mintpal is the main exchange right now. Price is tanking for no reason. Just some panic sellers.

Mintpal goes under 100k at 1940 then 2 hours later at 2125 someone sells a bunch and price drops to 94k. At 2155 it drops to 84k.

Bittrex drops under 100k down to 97k at 2150. At 2200 it drops to 91k. 2210 it drops to 88k

As you can see it takes many minutes later for Bittrex to catch up to Mintpal because no one wants to dump.

Are people really believing that people are in the trollbox on Bittrex and then dumping on Mintpal because of what they are reading? CLOAK holders on bittrex are strong because it took awhile before anyone started dumping into the buy walls. I'm sure people were only dumping because Mintpal was so low.

But anyways. Go to lazycoin. No clue why people would trade on an exchange with the word "lazy" in it.

Misguided accusations. Just a bunch of butthurt cloakheads.

The problem is not the the FUD in the trollbox, it's members of staff spreading FUD in the trollbox. I refuse to support an exchange who's staffmembers are actively trying to hurt my assets. Even more so when the exchange owner doesn't publicly distance himself from it and doesn't take action against the staff in question.

Fuck bittrex. An advice I will actively keep spreading along with this story as long as no rectification is made.
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Board Announcements (Altcoins)
Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA
by
pdsrdm
on 12/08/2014, 05:02:52 UTC
I will add that bittrex-richie said that mods are free to make their own opinions and those do not represent the opinions of bittrex.  Still they should not use mod accounts.

Let me first apologize to the community.  Our mods are volunteers meant to keep the peace in the troll box and are entitled to their opinions, however we have made it very clear to them that spreading FUD or leading any pumping/dumping will not be tolerated.  I have spoken to the person in question and I expect this to never happen again.

again, my apologies.

richie@bittrex

I'm not telling you your business, but if you allow that person to moderate still, then you lose my business and my respect.

Agreed, but not only that, there needs to be a very public statement about this, on twitter, bitcointalk


and on the FRONTPAGE OF BITTREX

LETS NOT LET THIS DIE, DEMAND FROM CLOAKCOIN COMMUNITY ON FRONT PAGE OF BITTREX THE FINANCIAL LOSS THEY CAUSED.

Agreed. Moving my funds from bittrex. Something like this should not go without a rectification.
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Board Announcements (Altcoins)
Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA
by
pdsrdm
on 11/08/2014, 19:46:04 UTC
Hi.    Isn't there supposed to be some
Kind of announcement tomorrow?  From the dag himself ?

No, there isn't.
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Board Announcements (Altcoins)
Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA
by
pdsrdm
on 11/08/2014, 06:55:20 UTC
Im still up 400% and not selling anytime soon, purchasing small amounts on the dip..So much news still to come, you would have to be spastic to not see potential. Just wish I hadn't of purchased that dud shadowcoin during the hipe lol...NEVER TRADE UNDER THE INFLUENCE OF ALCOHOL!!!

http://oilprice.com/Latest-Energy-News/World-News/Broker-Sent-Oil-Prices-to-Eight-Month-High-in-a-Drunken-Stupor.html

Yeah I'm not selling either. The fact that this coin is tanking after the release of the groundbreaking technology that PoSA is is a disgrace and a threat for the altcoincommunity as a whole. How can we expect new money to enter this world if there is no respect for actual innovation, meaning any investment in any altcoin is a gamble for everyone except for the lucky few whales destroying crypto. We are witnesses of a turning point in history where the control of our money is taken out of the hands of governments and financial institutions, yet every step forward comes with a storm of FUD from the cryptocommunity itself, like a cancer growing inside it's own body.

This cryptocommunity is sick, yet I expect that cloak will rise the way it deserves after new technologies like block escrow and onemarket are released. If it doesn't, I will leave altcoins with my head up high since at least I'll have stood by something I truly believe in.
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Board Announcements (Altcoins)
Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA
by
pdsrdm
on 09/08/2014, 12:01:42 UTC
does the windows installer update open ssl now?

Yes it does Smiley No more DLL questions!
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Board Announcements (Altcoins)
Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA
by
pdsrdm
on 09/08/2014, 08:46:24 UTC
Lovely to see all the trolls returning, we must be doing something right Cheesy
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Board Announcements (Altcoins)
Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA
by
pdsrdm
on 09/08/2014, 06:29:35 UTC
Guys.. it's gonna take a few days for people to start to really understand that PoSA works.. Just enjoy the weekend and see what's to come.


damn son. You doing people dirty. You may call this bashing but I call it how I see it.
https://i.imgur.com/fH1wLOs.png

Let's not make this thread about bobsurplus. PoSA just got released! Go test, spread the word!
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Board Announcements (Altcoins)
Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA
by
pdsrdm
on 06/08/2014, 12:14:58 UTC
Sorry, can you give me one good example of how someone can scam someone else using onemarket, taking into consideration that nobody likes to deliberately lose money?

Extortion. Scammer will pretend to the other party that he can afford losing the escrow and don't mind it, but if the other party sends him some amount of coins (less than the escrow amount obv) he will let the contract go through.

And then the person being scammed will send him even more money, even though he knows that the other person is anonymous and can keep playing this game forever?

Not gonna happen, makes no sense at all. As long as you're not stupid you would never fall for this. It's like saying email is unsafe because some people get tricked by Nigerian scammers.
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Board Announcements (Altcoins)
Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA
by
pdsrdm
on 06/08/2014, 11:56:34 UTC
Wow, the concept of OneMarket is genius! It really made my day Cool

http://i.gyazo.com/056930585feae14f85aa1ac7e0f0956d.gif
LOLWUT
Let's see. For example, BOB hates ALICE. And ALICE is selling some shit with cloaknet from the picture.
So BOB decides to trick ALICE. He offers some shit using scheme, and ALICE delivers. BOB sent to risk-amount two prices, and ALICE sent to risk-amount one price. Now BOB has got his shit, and he refuses to pay in cloaks. So he lost 2x price, and alice lost 1x price + shit, so alice lost 2 prices too. But BOB now has his shit, so it's like he payed twice price for his shit and got his shit. And ALICE got no shit and lost money too.
As you see, BOB has losses of 1xprice value, and ALICE has losses of 2xprice value + delivery costs.
Yea, that's SO AWESOME.

thought the same ^^

seller should risk more to even it out between the buyer and seller. So the seller has just as much too loose if he scams the buyer.

Or a reputation system is put in place and the amount of cloaks are limited for new sellers so for example a new seller with 0 rep can only do 20-100 cloak deals after a certain number of successful deals lets say 50 his rep is higher and limits go up so he can now deal with 250-500 cloak deals and so forth. If he messes up a deal or scams his rep drops and his limits decrease or he gets a 24-48 break from selling.

Sorry, can you give me one good example of how someone can scam someone else using onemarket, taking into consideration that nobody likes to deliberately lose money?
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Topic
Board Announcements (Altcoins)
Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA
by
pdsrdm
on 06/08/2014, 11:38:32 UTC
Wow, the concept of OneMarket is genius! It really made my day Cool

http://i.gyazo.com/056930585feae14f85aa1ac7e0f0956d.gif
LOLWUT
Let's see. For example, BOB hates ALICE. And ALICE is selling some shit with cloaknet from the picture.
So BOB decides to trick ALICE. He offers some shit using scheme, and ALICE delivers. BOB sent to risk-amount two prices, and ALICE sent to risk-amount one price. Now BOB has got his shit, and he refuses to pay in cloaks. So he lost 2x price, and alice lost 1x price + shit, so alice lost 2 prices too. But BOB now has his shit, so it's like he payed twice price for his shit and got his shit. And ALICE got no shit and lost money too.
As you see, BOB has losses of 1xprice value, and ALICE has losses of 2xprice value + delivery costs.
Yea, that's SO AWESOME.

If Bob wants to spend money to screw with alice he might as well dump a truck full of sand in front of her house or plant some cocaine and call the police. Onemarket is as watertight as can be.
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Board Announcements (Altcoins)
Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA
by
pdsrdm
on 06/08/2014, 10:39:10 UTC
IMO it seems that PoSA and OneMarket will be groundbreaking, but only few people know about this for sure ATM. So, the most smart move of the whales is to dump now the price, before some news get official, so they can buy even more and more cheap cloaks. Of course a lot of people will get scared and sell, so do you get the point?

Oh, while I was writing this, the price already jumped from 170k-200k Wink

Don't worry guys!  Cool

I agree, but we need an update to make people feel comfortable holding again. Just a word that progress is being made. I know it sounds ridiculous but in the cryptocurrency market you can't go without giving updates for a week. There's to much rivalry and to much impatience going on.
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Board Announcements (Altcoins)
Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA
by
pdsrdm
on 06/08/2014, 10:28:47 UTC
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA
by
pdsrdm
on 05/08/2014, 08:00:49 UTC
Looks like we might be in need of some good news to pump us back up! Hows OneMarket coming along? any more screens that we can have a drool over?

Mostly I think we are just buying and selling to each other depending on our joint mood is. Some are longer term, some are taking some profits. I do still fear a big zero sum game building here. There are 600 something wallets with over 100 cloak, 340 or so with over 1000.  I know there are wallets on exchanges, but this gives a good idea.

I really wish we had wider distribution. You would think that just by being near the top in volume on the big exchanges word would get out.  Or is altcoin market in general this small?  Is DRK distribution also concentrated?

I think what we have seen is the Altcoin market in general is shrinking. The money is leaving and there will probably only be a few coins left by the end of the year. However, Cloak is the best coin out there and deserves to sit beside Bitcoin. I have fulll confidence in Cloak - but my confidence for the other coins is getting worse and worse each week. The days of 8000 BTC volume on Mintpal like with the Blackcoin pump are probably gone for good - unless the big boys decide to make Cloak their weapon of choice.

Thats really a good piece of writing. With all the shitcoins created day by day and all only based on promises without a technical background we are only playing around with our coins and no fresh money comes to the market. So the money is left into the market goes to the best organized P&D team and the rest has to pay for these bullshit scams.
Only coin left over is BTC. All others seems only to be here to get converted from P&D teams to BTC.
With such kind of crypto community behaviour there is no future for any altcoin, maybe no future for cryptocurrency at all. Crypto community is the ugliest community i´ve ever joined.
As i am no member of any insider team you guys will never ever see one more cent from my side. Good luck with defeating yourself !

You sound like someone who thought that the altcoin markets are a get-rich-quick machine, in which you insert money in one side and receive 10x money from the other. You see a coin like Auroracoin doubling everyday for 2 weeks straight but you missed the boat so you jump into the next coin that doubles overnight and assume your money will grow exponentially for the next week at least. Then you wake up the next day and half your money is gone, because the pumpers are not stupid and realise that they have to be unpredictable for their pumps to keep working.

I’ve been there and I lost half my money when I started. Untill I realised that money doesn’t come for free and that it requires hard work and experience to make money in these markets. Now I am at 5x my initial investment. You have to be able to seperate the pump and dumps from the legitimate rises. Darkcoin was legitimate, since it brought innovation and proved capable of technically executing those ideas. Innovation goes fast in cryptocurrency though and DRK has been surpassed by multiple coins, hence the continuous downtrend it’s been in for the last months.

So what do you do if you missed the DRK train and are sick of getting screwed by pump and dump schemes in coins with names like flappy- and coinye west? You are patient and you wait for the next coin that promises and executes actual innovation. And right when you have found it, you post in that coin’s thread that you are out of crypto? Are you sure about that?
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Board Announcements (Altcoins)
Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA
by
pdsrdm
on 04/08/2014, 07:44:09 UTC
i have been buying all the small orders i can over on cryptsy when posa comes out this coin could test the .01 waters for the first time.

My target is 0.07 for all planned releases going relatively smoothly. Will re-evaluate along the way

0.07 or 0.007?

TOO MUCH TALKING ABOUT PRICE.

VERY HIGH OR SUPER MEGA VERY HIGH etc.

I don't like it. Often when there's too much talking about that, coin is not going so high;/



No need for screaming.

Also, talk about price happens in the threads of every single coin, including the ones that go to the moon.
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Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA
by
pdsrdm
on 03/08/2014, 08:41:31 UTC
PoSA Rough Draft Cloak 2.1

http://pastebin.com/ArJNmHEq

Edit - I just don't understand the last part; what good is all this cloaking if bobs IP is (apparently) still connected to the PoSA wallets?

That was my question as well, it talks about protecting bob in case richard is a thief, but what if richard is just a spy.  This is a known issue for drk coin, which is why there are 8 middle men, ensuring that the probability of all 8 being controlled by the same entity is low. What if 1/3rd of the cloak network is sitting at the nsa?

So bob shuffles his coins locally removing their origin, but then he sends to richard to send to alice for drugs, and richard narcs on him.

Your input is much appreciated, for people calling this FUD well it isn't. Its constructive criticism and beneficial to the development of PoSA. The devs listened to issues that might arise with PoSA from members and found solutions.



Exactly, that's why I asked the question. At this moment cloak is the only altcoin I own so I'm not trying to talk it down at all, but when I have questions, potential investors might have the same questions preventing them from actually investing. I am sure that there is a good answer to the question I asked so i would like to get it out into the open.
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Topic
Board Announcements (Altcoins)
Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA
by
pdsrdm
on 03/08/2014, 06:41:14 UTC
PoSA Rough Draft Cloak 2.1

http://pastebin.com/ArJNmHEq

What if Richard is a spy? He would have the IP adress of the sender and the Cloak adress of the receiver right? That way, if the receiver adress is known to be from a drugs dealer, Richard has the IP adress of the sender who is now exposed of illegally buying drugs.

Edit - I just don't understand the last part; what good is all this cloaking if bobs IP is (apparently) still connected to the PoSA wallets?
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Board Announcements (Altcoins)
Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA
by
pdsrdm
on 02/08/2014, 08:15:20 UTC
Is this the beginning of the dump phase or is it safe to buy now...?  It totally feels like the beginning of the end of this mega pump....

Really worried to buy into the bagholders dumping on me now.

It depends if you want to daytrade or if you have a bit more patience. Advice on daytrading is something I won't give since I'm not into it, but as for long term investing now seems like a good time to get in. 2 days ago Cloak took a massive organised dump from some drk fanboys trying to break Cloak but failed miserably with Cloak holding strong and recovering rapidly. This means that besides the organised dumpers people are not willing to sell their coins, even when a massive dump to 50% of the price occurs. This really is a good sign and people truly believe that Cloak is not done yet.

When you look at the big rise of dark the same patterns where visible; small downtrends right before the rocket lift off, leaving the doubters behind waiting for a dip that never came.

I honestly believe that right now the price of Cloak is still low and that you shouldn't expect anything under 200k anymore. Despite all the FUD that is trying to break Cloak (which I believe to be fear from other communities that Cloak is a better coin than theirs, meaning they will try to protect their own investments by making up nonsense about the better alternative) we really have a strong coin here, with groundbreaking innovation in both the technical and conceptual aspects of cryptocurrency.

I'm not going to make predictions of where this coin is going but if there is currently 1 coin out there that is worthy of a huge rise like drk had its without a doubt Cloak.